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A POPULAR PUB WITH LETTING ROOMS.
The Thatched Cottage, is a delightful detached thatched property set on the outskirts of the market town of Shepton Mallet. The pub trades as both a destination food site whilst also benefitting from local and events trade utilising the function room. The venue benefits from 8 impressive ensuite letting rooms on the first floor and a large car park for over 20 cars. The split is around 40/40/20 wet/dry/accommodation. The successful new operator will continue to deliver a great food offer whilst growing the function and letting rooms side of the business. There are also further opportunities to increase summer trade by improving the external trade areas.
Shepton Mallet is a market town in Somerset, South West England, about 18 miles south of Bristol. It has a rich and colourful history, nestled at the gateway to the Mendip Hills, an area of outstanding natural beauty. The town is a perfect centre to explore the surrounding hills, criss-crossed with trails, footpaths and the remains of ancient and medieval industry and workings.
Forecasted Operator Turnover
Forecasted Operator Profit (inc machine profit)
Forecasted Operator Machine Profit
Average Beer & Cider Discount*
Type of Tie
Partial tie: Tied All Beer & All Cider
Standard Tenancy Agreement A fixed 5 year term agreement.
Entry cost is approximately £33875 which includes Fixtures & Fittings at 25% of estimated valuation, stock, glassware, cutlery, crockery, fuel and cleaning materials, legal, brokers and stocktaking fees, training fees, schedule of condition, working capital and deposit. Please note Fixtures and Fittings are estimated at approximately £20000. An assisted purchase of F&F may be available with a 25% deposit on change day and weekly re payments to purchase the remaining 75% over an agreed period.
Fixtures & Fittings
Legal Admin Fee
Total Entry Costs
You will need to estimate the turnover you expect to achieve from the pub, with regard to food and accommodation (if applicable). Barrelage figures are given to assist you with calculations. All figures represent products bought from Greene King only. **Please note trading volumes for year 2021 are for part year trading and reflect the impact of closure during the Covid 19 pandemic**
|Wine & Spirits (Ltrs)
The pub consists of a large bar area and separate restaurant linked to the function room at the bottom of the pub. The venue also benefits from 8 impressive ensuite letting rooms on the first floor and a large car park for over 20 cars. There are also two external trading areas.
Trade Dining Areas
Trade Food Covers
Trade Patio Areas
Trade Rooms to Let
External Child Play Areas
Customer Car Park Spaces
Current Premises Licence Opening Hours
Monday - Saturday - 07:30 - 23:30
Sunday - 07:30 - 23:00
The accommodation comprises 2 double bedrooms, a lounge, kitchen, dining room, bathroom and toilet.
I am seeking an experienced food operator with a background in running hotel style operations who can develop the food and letting room side of the business. The Thatched Cottage is a fantastic historic coaching inn and the new operator would benefit from the ability to market the site through various social media channels.
Simeon Baker, Business Development Manager
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